| METRIC | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Period Ending | — | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
| Revenue | ||||
| Revenue | $9.41B | $9.36B | $8.64B | $8.70B |
| Cost of Revenue | $4.00M | $4.00M | $3.00M | $99.0M |
| Gross Profit | — | — | — | — |
| Operating | ||||
| Operating Income | $2.12B | $2.11B | $1.99B | $1.76B |
| EBITDA | $3.71B | $3.64B | $3.43B | $3.16B |
| Pre-Tax Income | $1.28B | $1.25B | $1.21B | $1.09B |
| Income Tax Expense | $207M | $195M | $195M | $170M |
| Net Income | $1.07B | $1.05B | $1.02B | $917M |
| Per Share | ||||
| EPS (Basic) | $2.19 | $1.61 | $1.58 | $1.37 |
| EPS (Diluted) | $2.18 | $1.60 | $1.58 | $1.37 |
| Shares Basic | 488M | 653M | 643M | 631M |
| Shares Diluted | 491M | 656M | 644M | 633M |
| Dividend Per Share | — | $0.89 | $0.83 | $0.78 |
| Margins | ||||
| Gross Margin | — | — | — | — |
| EBIT Margin | +22.5% | +22.6% | +23.0% | +20.2% |
| EBITDA Margin | +39.4% | +38.9% | +39.7% | +36.4% |
| Net Margin | +11.4% | +11.2% | +11.8% | +10.5% |
| Effective Tax Rate | +16.2% | +15.6% | +16.1% | +15.6% |
| Growth | ||||
| Revenue Growth | — | +8.3% | -0.6% | -6.7% |
| Net Income Growth | — | +3.2% | +11.1% | -13.2% |
| EPS Growth | — | +1.3% | +15.3% | -13.8% |
| Share Count Change | — | +1.8% | +1.7% | +0.1% |
| Free Cash Flow | ||||
| Free Cash Flow | -$2.67B | -$2.38B | -$2.37B | -$524M |
| FCF Per Share | $-5.44 | $-3.64 | $-3.69 | $-0.83 |
| FCF Margin | -28.4% | -25.5% | -27.5% | -6.0% |
| FCF Growth | — | -0.4% | -353.1% | -135.5% |